Top 10 region's by GDP per capita income (1980-2025) .

Hello guys welcome back on MAD TOP 10 Channel.
In this video we are trying to show the comparison of gdp per capita (per person) income among top earning regions in the world on the behalf of this video one can also understand that which nation or continent are more Rich.
In this video we are mention all regions like
Asia
Europe
South Asia
East Asia
North asia
Central asia
North America
Eastern Europe
South America
North Africa
Asian pecific.
ETC.
In this video you can find your answer related to :

1).Which country has a highest per capita income?
Ans). The nation in the world with the second largest gross domestic product per capita is Norway.

2).Which country has highest per capita income in 2019?
Ans). Luxembourg

3).Which city has highest per capita income?

Ans). San Francisco city
In 2019, the per capita income in San Francisco city was at 75,084 U.S. dollars. San Francisco was followed in this regard by Seattle and Washington, D.C. The median household income in San Francisco in 2018 was 123,859 dollars, the highest among the most populated cities in the United States.Sep 22, 2020.

4).What Is Per Capita Income?

Ans).Per capita income is a measure of the amount of money earned per person in a nation or geographic region. Per capita income can be used to determine the average per-person income for an area and to evaluate the standard of living and quality of life of the population. Per capita income for a nation is calculated by dividing the country's national income by its population.
Understanding Per Capita Income
Per capita income counts each man, woman, and child, even newborn babies, as a member of the population. This stands in contrast to other common measurements of an area's prosperity, such as household income, which counts all people residing under one roof as a household, and family income, which counts as a family those related by birth, marriage, or adoption who live under the same roof.
Per Capita Income in the U.S.
The United States Census Bureau takes a survey of income per capita every ten years and revises its estimates every September. The Census takes the total income for the previous year for everyone 15 years and older and calculates the median average of the data. The census includes earned income (including wages, salaries, self-employment income), interest income, dividends as well as income from estates and trusts, and government transfers (Social Security, public assistance, welfare, survivor and disability benefits). Not included are employer-paid healthcare, money borrowed, insurance payments, gifts, food stamps, public housing, capital gains, medical care, or tax refunds.

According to 2018 Census data, the national per capita income for the year was $32,621 in 2018 dollars as shown in the table below. We can see, from the U.S. Census Bureau, that the per capita income is lower than the median household income of $60,293, which is calculated by grouping the number of people in each household.

Per Capita Income U.S.
Per Capita Income U.S. Investopedia
Each metric has its advantages. Per capita income is helpful when analyzing a large number of people, such as the population of the United States, which stands at more than 300 million.1 However, median household income is helpful when determining the income of families in the U.S. and in particular, how many families are in poverty.

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The 20 countries with the largest gross domestic product (GDP) per capita in 2019 (in U.S. dollars)

Uses of Per Capita Income
Perhaps the most common use of income per capita is to ascertain an area's wealth or lack of wealth. For example, income per capita is one metric the U.S. Bureau of Economic Analysis (BEA) uses to rank the wealthiest counties in the United States, the other being median household income.2

Per capita income is also useful in assessing an area's affordability. It can be used in conjunction with data on real estate prices, for instance, to help determine if average homes are out of reach for the average family. Notoriously expensive areas such as Manhattan and San Francisco maintain extremely high ratios of average home price to income per capita.

Businesses can also use per capita income when considered opening a store in a town or region. If a town's population has a high per capita income, the company might have a better chance at generating revenue from selling their goods since the people would have more spending money versus a town with a low per capita income.

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